Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Operations

v3.6.0.2
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 3,567,485 $ 3,690,575 $ 3,587,995
Cost of sales 2,350,817 2,376,012 2,314,933
Gross profit 1,216,668 1,314,563 1,273,062
Operating expenses:      
Selling and marketing 743,468 763,070 737,424
General and administrative 193,449 217,381 207,095
Depreciation and amortization 42,712 43,418 43,934
Loss on sale of businesses and asset impairments 31,232 6,660 0
Total operating expenses 1,010,861 1,030,529 988,453
Operating income 205,807 284,034 284,609
Other income (expense):      
Interest income 95 136 184
Interest expense (16,174) (15,316) (7,266)
Total other expense, net (16,079) (15,180) (7,082)
Income before income taxes 189,728 268,854 277,527
Income tax provision (71,020) (99,615) (104,543)
Net income $ 118,708 $ 169,239 $ 172,984
Net income per share:      
Basic (usd per share) $ 2.27 $ 3.22 $ 3.28
Diluted (usd per share) $ 2.25 $ 3.16 $ 3.23
Shares used in computing earnings per share:      
Basic (shares) 52,359 52,627 52,736
Diluted (shares) 52,863 53,505 53,633
Dividends declared per common share $ 1.40 $ 11.40 $ 1.1